Note:Kindly Verify IFSC code with your Bank before using.We are not responsible for the authenticy of the Info.

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Branch Accessibilty

Staff Co-operation

Loan Services support

4.0/5.0 from 20550 users

Overall Reviews

STATE BANK OF INDIA Timings

Monday – Friday

9.30 AM – 5.00 PM

1st and 3rd Saturday

9.30 AM – 5.00 PM

2nd and 4th Saturday

Holiday

Sunday

Closed

Sunday

Closed

NEFT Timings

8.00 AM – 6.30 PM

No of NEFT Settlments from Monday to Friday

12 from 8 am to 7 pm

No of NEFT Settlments on Saturday

6 from 8 am to 1 pm

RTGS Timings

8.00 AM – 4.30 PM

IMPS Timings

24x7

No of RTGS Settlments in a Day

RTGS business hours

STATE BANK OF INDIA - NEFT Timings

Monday – Friday

8.00 AM – 6.30 PM

1st and 3rd Saturday

8.00 AM – 6.30 PM

2nd and 4th Saturday

Holiday

Sunday

Closed

Maximum Amount per Transaction

Rs. 50,000

For transactions up to Rs 10,000

Rs 2.50 (+ S.T)

For transactions above Rs 10,000 to Rs. 1L

Rs 5.0 (+ S.T)

For transactions above Rs 1L & up to Rs 2L

Rs 15.0 (+ S.T)

For transactions above Rs 2L

Rs 25.0 (+ S.T)

NEFT Can be used for

NRE and NRO Also*

No of NEFT Settlments Mon - Fri

12, from 8AM - 7PM

No of NEFT Settlments on Sat Day

6 from 8AM - 1PM

STATE BANK OF INDIA - RTGS Timings

Monday – Friday

8.00 AM – 4.30 PM

1st and 3rd Saturday

8.00 AM – 4.30 PM

2nd and 4th Saturday

Holiday

Sunday

Closed

Minimum Amount per Transaction

Rs. 2 Lakhs

Inward transactions

Free

Outward transactions – Rs. 2L to Rs. 5L

Rs. 30.00

Above Rs. 5 lakh

Rs. 55.00

No of RTGS Settlments in a Day

Continuously throughout the RTGS business hours

What is IFSC?

An IFSC or the Indian Financial System Code is an 11 digit code in alpha-numeric format to identify all the Indian Bank branches for the use of NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), IMPS (immediate Payment Service) and CFMS (Centralised Funds Management System), developed by the RBI (Reserve bank of India).

In this 11 Alpha-numeric format code, First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch of a particular bank.

WHAT IS MICR CODE?

MICR code or Magnetic Ink Character Recognition Code is a character-recognition technology used mainly by the Indian banking industry to ease the processing and clearance of cheques. The MICR code typically includes the document-type indicator, bank code, bank account number, cheque number, cheque amount, and a control indicator. The technology allows MICR readers to scan and read the information directly into a data-collection device to process the clearance of cheques.

WHAT IS IMPS?

IMPS or Immediate Payment Service is one of the electronic funds transfer systems started in Nov.-2010 in India. IMPS offers an instant, 24X7, interbank electronic fund transfer service through mobile phones. IMPS is an emphatic tool to transfer money instantly within banks across India through mobile, internet and ATM which is not only safe but also economical both in financial and non financial perspectives. AS of now only up to Rs. 50,000 we can send through IMPS.

Disclaimer: All the Banks, Branches IFSC and MICR codes were collected from RBI and reference to the various banks websites available in the market. We have tried our best to keep the latest information in our website. It may have human and/or technical errors. The website ifsc.apnaloanbazaar.com not to be responsible for the topicality, correctness, completeness or quality of the information provided. All the users are requested to double check the details obtained from this website with the banks authorised information before using for any banking transactions. Please read our disclaimer carefully before using any information from the website.